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Financial Reporting and Forecasting
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Overview
Optimize Financial Reporting and Forecasting with AI! Our prompts equip you with AI-driven tools for accurate financial analysis. AI automates data collection, generates comprehensive reports, and forecasts financial trends. Embrace AI as your data expert, saving time and enhancing financial decision-making.
Example
Using the following information, create a balance sheet: Current Assets: $1,000,000 Non-Current Assets: $3,000,000 Current Liabilities: $500,000 Long-term Liabilities: $2,000,000
Prepare a projected income statement for the next year using the following data: Revenue: $4,500,000 Cost of Goods Sold: $2,500,000 Operating Expenses: $1,200,000 Income Tax Rate: 25%
Generate a cash flow statement using the following data: Net Income: $600,000 Depreciation Expense: $100,000 Increase in Accounts Receivable: -$50,000 Increase in Accounts Payable: $30,000 Capital Expenditures: -$200,000 Proceeds from Loan: $300,000 Dividends Paid: -$100,000
Provide me with the formula to calculate the average annual growth rate of revenue for the past five years, given the following revenue data: Year 1 – $100,000, Year 2 – $110,000, Year 3 – $121,000, Year 4 – $133,100, and Year 5 – $146,410.
Based on a 7.9% average annual growth rate for revenue, what are the projected revenues for the next three years? Additionally, if the current expense ratio is 65%, what would be the projected expenses for the next three years?
Assuming a new regulation will lead to a 3% decrease in revenue for the next two years and a 1% decrease in expenses, provide revised projections for Year 6 and Year 7 revenues and expenses.
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